Rumor: PS3/Vita Game "Warrior's Lair" Canceled; Was 3 Months from Being Finished

From AnalogHype: A user posting on the forum, QuarterToThree, has claimed to be the lead designed of Sony's missing game. While answering some questions asked by users on the forum, Nightgaunt shed some light on the status of the game."
(PS Vita, PS3, Warrior's Lair)

I wasnt tooo excited for this game but it would indeed be a disappointment seeing as how the Vita is in dire need of new games...I am legitimately thinking about selling mine if I don't hear some good news very soon..Tearway and Killzone are half a year from release and those aren't exactly the amazing games Im waiting for..

I don't think this is true to be honest. He said it was cancelled when his team was only 3 months from completion. Then he says that it was actually moved to San Diego Studios. Then he says that he's "heard" rumors about it being cancelled. He changed his story 3 times. I don't buy it.

Another important thing. He doesn't just say he was a developer, he claims to have been the "lead designer". Ruin/Warrior's Lair's lead designer is Chris Floyd. If he wanted to come out and say that the game was cancelled he wouldn't hide behind some anonymous forum account, especially if he's just going to tell everyone who he is anyway.

Noooooooooooooooo... I was chastising my loot-whoring addiction for this game. Why............ It's acceptable to cancel a game a year or so from being finished but 3 months... Why... they were so close. I sorely needed a dark gritty dungeon crawler on my Vita :( Atleast give us a demo of what could've been :( I was so hyped... I wish this isn't true

"Nightgaunt proposed that the game’s cancellation was due to the weakness of the Vita and then goes on to state that the Warrior’s Lair team never looked at the game as a Vita title, instead perceiving it as mostly a PS3 title that looked good and played well on the Vita."